New Delhi, April 20: Study by Janak, the bridge to luxury occasion wear brand, won the prestigious “Regional Retailer Award-North” at Indian Retail & e-Retail Awards 2015, Hotel Hyatt, Manesar Gurgaon. This is the second time that SBJ has won the award consecutively. The brand, currently with a total space of over 50000 sq.ft is all set to expand in Tier 2 & Tier 3 cities by opening a series of stores on franchise based model.
“Winning an award is always encouraging. We are thankful to all our mentors & associates who have supported SBJ for so long and help us win the award for 2 years in a row. SBJ holds a strong legacy of 30 years in Occasion-wear and Made to Measure services. We already have 6 brand operated stores in Delhi NCR & Punjab and now we are ready to expand further. This FY, we are keen to add 4-5 franchise stores of size 2500-5000 sq.ft each,” said Mr. Ayush Mehra, Director SBJ.
“We plan to increase by adding 60,000 sq.ft of retail space to our current portfolio in the next 3 years. We plan to grow PAN India specially targeting Tier 2 & Tier 3 cities.” – He further added.
The brand took a giant leap from humble 12,000 sq.ft retail space to a staggering 50,000 sq.ft of retail space in Delhi NCR & Punjab making it one of the biggest retail brands in North India in occasion wear. The top line has increased from 35 crore to 70 crore. The brand has in-house design expertise and complete with a state-of-the art production facility based out of Udyog Vihar. SBJ is one among the select few from India to make suits for Savile Row & Dark from UK.
About Study by Janak – Conceptualized with an ambition and passion towards fashion, Study By Janak, with a legacy of close to 3 decades, has carved a niche for themselves in the Designer Occasion Wear & Made to Measure industry in India. Launched in the year 1986, the brand is the brain child of Mr. Mannoj Mehrra, CMD, who after witnessing a huge lacuna in the Men’s Formal & Occasion wear industry entered the same with only one vision- Of being the pioneer in giving “Stylized Formal & Occasion wear” for the Indian Men. Study By Janak has grown organically in last 3 decades and is currently operating on an Exclusive brand outlet Model with over 50,000 sq. ft. of Retail Space spanning across 6 stores in Delhi- NCR (South Extension, Karol Bagh, Gurgaon, Noida) & Punjab (Jalandhar & Ludhiana). Each store is spread over 5000 to 15000 sq. ft. of area with dedicated sections for each collection segment and an enviable lounge space to cater to the discerning client of Made to Measure Suit Service. With a robust expansion plan of adding 15,000 sq. ft. for the next 3 years in this model, the brand is also gearing up to enter the scalable model of 2000-4000 sq. ft. boutique outlets that can reach out to Tier 2 & tier 3 cities.